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HD Korea Shipbuilding wins 748.5b-won LNG carrier deal, lifts 2024 tally

13 May 2026

HD Korea Shipbuilding & Offshore Engineering, the intermediate shipbuilding holding company of HD Hyundai, said on the 13th that it signed a construction contract with a North American shipping company for two liquefied natural gas (LNG) carriers. The total order value is 748.5 billion won. The LNG

HD Korea Shipbuilding & Offshore Engineering has secured a major contract worth 748.5 billion won to construct two advanced LNG carriers for a North American shipping client. This significant order further bolsters the 2024 orderbook for the HD Hyundai subsidiary, reinforcing its dominance in the global gas carrier market. As demand for cleaner energy transportation rises, these high-spec vessels are expected to integrate cutting-edge propulsion systems, ensuring the company remains at the forefront of maritime engineering and international shipbuilding excellence.

The construction of these LNG carriers must strictly adhere to the IMO’s International Code for the Construction and Equipment of Ships Carrying Liquefied Gases in Bulk (IGC Code). Compliance with SOLAS Chapter II-2 regarding fire protection and MARPOL Annex VI regulations for emission control is mandatory for these newbuilds. Classification societies will rigorously audit the fuel containment systems and boil-off gas management protocols. For compliance departments, ensuring that all onboard documentation and safety management systems align with these stringent international standards is critical for vessel certification.

This expansion directly impacts the career prospects for chief engineers and second engineers specializing in dual-fuel engine systems. These officers must prioritize advanced training in cryogenic cargo handling and high-pressure gas fuel management. As these modern LNG carriers enter service, technical teams will need to master complex automated control systems and updated safety protocols to ensure operational efficiency and strict adherence to environmental regulations during every voyage.

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